Homework: Sunset Boards Inc.
I. In an Excel document, prepare the following financial statements for the mini-case "Cash Flows and Financial Statements at Sunset Boards, Inc." from the Homework 1.6 Worksheet file:
1) Income Statement for 2018 and 2019
2) Balance Sheet for 2018 and 2019
II. In the provided Excel document, also calculate:
1) the Operating Cash Flow for each year
2) the Cash Flow from Assets for 2019
3) the Cash Flow to Creditors for 2019
4) the Cash Flow to Stockholders for 2019
III. Tad Marks, the company's founder, is considering expanding the business, which will require a substantial investment.
1) Evaluate the financial statements you have developed and Sunset Board's cash flow.
2) In your Excel document or a separate Word document, write a paragraph explaining whether you feel expansion would be a wise choice and why.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Worksheet.rar